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Why should the stock price be declining? Also companies do buybacks when the stock is cheap, not exepensive.
by mruts 7y ago
Why should the stock price be declining? Also companies do buybacks when the stock is cheap, not exepensive.
- mensetmanusman 7y agohttps://www.theatlantic.com/magazine/archive/2019/08/the-stock-buyback-swindle/592774/ https://www.theatlantic.com/magazine/archive/2019/08/the-sto... You would think that, but they actually purchase when it’s expensive :)
- Tepix 7y agoStock price is usually very dependent on future outlook. If there is no growth expected in the future, the stock price will usually be hurting.
- ajross 7y agoA stock buy-back increases the stock price, by definition (by creating demand for it where there was none). Absent buy-backs, the stock price would be lower. That statement doesn't require a "should".
- mruts 7y agoOf course, but that doesn’t mean Apple’s stock would be declining without the buybacks.